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Updated almost 10 years ago on . Most recent reply

User Stats

144
Posts
9
Votes
Everett Marshall
  • Bude, MS
9
Votes |
144
Posts

Advice on deal

Everett Marshall
  • Bude, MS
Posted

I put a house under contract for 30,000

Arv 59,000

3\1 1564 sq ft.

House has a tenant in it paying 500 a month

Rehab 3000

Asking 38,500

I have had this property a week and 4 investors have looked at it but no one has pulled the trigger. I have often read on here that if its a good deal investors will jump in on it, Is there something I am missing? I market it on craigslist everyday. Can someone tell me what I am missing.

Most Popular Reply

User Stats

916
Posts
190
Votes
Chaz Reid
  • Investor
  • Fayetteville, NC
190
Votes |
916
Posts
Chaz Reid
  • Investor
  • Fayetteville, NC
Replied

IS that a current picture? What is included in the quoted $3k worth of repairs?

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